The Silo Tax: Why the Buy-Side Trading Desk can No Longer Afford its Own Structure
Take a look at any large buy-side trading operation and the architecture is much the same as it was a decade ago: separate teams for equities, FX, and fixed income, each running its own systems, its own data feeds, and its own operational headcount. The asset classes are different, the rationale runs, so the desks must be...
The proliferation of unmonitored communication channels—ranging from personal messaging apps to embedded chat functions in trading platforms—has introduced significant compliance challenges for capital markets firms. Regulatory bodies including the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) have intensified their scrutiny, emphasizing the necessity for firms to maintain comprehensive records of…
Our TradingTech Summit in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.
AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied…
End-of-day reconciliation processes create data challenges that are constraining buy-side firms from achieving efficiencies from new technologies and AI initiatives. The challenges posed by reliance on long-established reconciliation processes come as the buy-side undergoes a transformation of its operating models to accommodate new data management, investment and settlement strategies. This challenge was highlighted in a...
Two and a half years into the generative AI cycle, the working consensus among practitioners deploying AI against unstructured content in capital markets has quietly settled into a layered architecture. Generative models sit at the desktop, research and operational-efficiency layer. The feed, signal and modelling layer that drives systematic alpha still runs on the older,...
Take a look at any large buy-side trading operation and the architecture is much the same as it was a decade ago: separate teams for equities, FX, and fixed income, each running its own systems, its own data feeds, and its own operational headcount. The asset classes are different, the rationale runs, so the desks must be...
Holistic surveillance is moving beyond data integration towards an operating model that can surface cross-channel evidence, assign escalation ownership, govern approved channels, organise analysts around risk and keep AI-supported triage accountable to experienced human review. That was the central message of A-Team Insight’s recent webinar, Holistic Conduct & Surveillance: Unifying Trade, Voice, and eComms Data...
In an era of escalating regulatory pressure, financial institutions can leverage artificial intelligence (AI) and large language models (LLMs) to transform compliance from a cost burden into a strategic competitive advantage. These technologies, applied to sophisticated monitoring systems, generate structured, high-quality data at scale, converting what was once a static compliance archive into a source...
The buy-side trading desk of the future is asset-agnostic and AI-augmented. The defining characteristic is an architecture where clean, joined-up workflows across all products allow an agentic overlay to function reliably. For investment firms, the priority is to establish these common foundational layers now; firms that remain trapped in siloed, asset-specific stacks will find that...
While 2025 saw its challenges, the year ended on a high for securities litigation in the US marketplace, raising the prospect of an expanded rebound in 2026. The latter part of the year saw four settlements that exceeded $200million in value in addition to a single, significant settlement reaching $740million, providing a late-year boost to...
The EDM Association’s 2026 Global Data Management Benchmark Report states that organizations including financial institutions are increasing investment in artificial intelligence while failing to build the necessary data and governance foundations. The findings are based on a survey of more than 435 organizations across more than 50 countries. President of the EDM Association John Bottega…
Artificial intelligence wealth advisory company Motif has launched an artificial intelligence financial intelligence system called Clarity, which tracks links between markets, assets and financial relationships alongside how and why they alter over time. Financial institutions can combine the platform into products to allow customers to make investment decisions, whilst analysts and product teams can use…
Arcesium has embedded Arcesium Intelligence, an artificial intelligence platform for institutional investment, into its data management and operations platforms to enable firms to deploy automated workflows. Users can access a library of more than 100 pre-configured agents or build custom applications using a self-service development platform. The platform gives firms the control, context and flexibility…
Investment management firm Pictet Asset Management (Pictet AM) has selected financial technology provider SimCorp to simplify and consolidate its trading and operations technology platform. The decision builds on a long-standing relationship between the companies, with Pictet AM having used SimCorp’s back-office capabilities since 2008. Pictet AM, which manages USD 326 billion in assets, will deploy…
Parameta Solutions, the data and analytics division of TP ICAP Group, has announced new strategic partnerships with FX market innovator Netdania and exchange rate data provider OANDA. These integrations are designed to enhance Parameta’s foreign exchange (FX) Spot data composite by increasing its depth, transparency, and overall market resilience. By incorporating these two independent, institutional-grade…
LGT, the international private banking and asset management group, has partnered with trading data intelligence provider xyt. While the initial catalyst for the collaboration was regulatory compliance, LGT’s adoption of xyt’s platform has evolved into a strategic initiative. LGT is now using the platform’s transaction cost analysis (TCA) insights to actively refine and optimise its…
The FIX Trading Community has launched “Blockchain Basics”, a comprehensive, vendor-neutral manual designed to help finance professionals integrate digital assets and blockchain technology into traditional systems. Developed in partnership with QUBIC Labs, the guide bridges the gap between decentralized finance (DeFi) and traditional finance (TradFi) by covering core concepts, regulatory contexts, tokenisation, and workflow impacts….
Sterling Trading Tech (Sterling) has announced a new client agreement with PropShop Trader (PropShop), a multi-asset proprietary trading firm. PropShop has selected Sterling’s OMS 360 platform to support its strategic expansion into equities as a second asset class alongside its existing futures offering. The decision was driven by anticipated Pattern Day Trader (PDT) rule changes,…
Third Avenue Management, a New York-based asset manager catering to private and institutional clients, has transitioned to Ridgeline’s cloud-native investment management platform. The firm, which specialises in Global Value, Small-Cap, Real Estate, and International Value strategies, selected the platform to modernise its operations and support long-term growth, with a particular focus on Separately Managed Account…
TRG Screen has launched Invoice AI, a new artificial intelligence capability integrated within its Optimize Spend platform. The tool is designed to help financial institutions automate the processing of market data invoices by transforming varied formats into structured, validated data. This launch follows the recent introduction of Contracts AI, forming part of the company’s broader…
LSEG has integrated its licensed data and analytics into Gemini Enterprise through a Model Context Protocol (MCP) connector. This collaboration with Google Cloud provides financial institutions with secure, governed access to AI-ready content, specifically designed for the “agentic era.” By using Gemini Enterprise’s end-to-end system, users can deploy AI agents capable of executing complex, multi-step…
Albilad Capital has officially deployed the Horizon Trading Solutions platform, marking a strategic upgrade to its technological infrastructure. The move is designed to modernise the firm’s operational systems in response to the rapid expansion of the Saudi capital market. By adopting this technology, Albilad Capital aims to align its market-making and trading services with international…
Sterling Trading Tech has announced that Tickblaze, an infrastructure engine for proprietary trading firms, has selected Sterling OMS 360 as its order management system. Tickblaze provides a multi-asset trading ecosystem connecting brokers, quants, and traders. By integrating Sterling’s technology into its stack, Tickblaze will make these advanced order management capabilities available to its entire end-client…
STS Digital Ltd. has been granted a Full ‘F’ Licence by the Bermuda Monetary Authority (BMA) under the Digital Asset Business Act 2018. This represents the highest level of regulatory authorisation in the jurisdiction, placing the firm alongside major institutional entities such as Circle, Coinbase International, and Payward. The milestone marks the final stage of…
The Depository Trust & Clearing Corporation (DTCC) has announced it will leverage the Chainlink Runtime Environment (CRE) and Chainlink’s data standards to power its new Collateral AppChain platform. This shared infrastructure is designed to modernise collateral mobility and improve capital efficiency across the global financial services industry. By integrating the CRE, the platform will gain…
Galytix, an AI firm for financial institutions, has hired former Quantexa leader Roshni Patel as chief growth officer, charged with accelerating global expansion. Patel previously worked at Quantexa as global head of risk solutions, following more than 20 years at KPMG, Lloyds Banking Group and Moody’s Analytics. As chief growth officer, he will manage global…
Kalshi has appointed Sudhir Jain as chief compliance officer and head of regulatory affairs, adding derivatives-market supervisory experience as the prediction-market operator expands its institutional ambitions and faces a more contested regulatory environment. Jain joins from Patomak Global Partners, where he worked on derivatives, compliance and risk-management advisory matters after five years at the National…
Muinmos has appointed financial services entrepreneur Paul Ford as an investor and advisor to the Board, adding operational risk, RegTech and scaling experience as the firm looks to build out its AI-led compliance capabilities. Ford brings more than 25 years’ financial services and operational experience. He was Founder and CEO of Acin, the London-based RegTech…
The Commodity Futures Trading Commission (CFTC) has sued the State of Wisconsin after the state brought civil actions against Kalshi, Polymarket, Crypto.com, Robinhood and Coinbase over prediction market activity. The action, filed on 28 April 2026, extends a widening federal-state dispute over the regulatory treatment of event contracts. The CFTC argues that Congress gave the…
FIS is working with Anthropic to bring agentic AI into banking operations, starting with a Financial Crimes AI Agent designed to support anti-money laundering investigations. The agent is intended to assemble evidence from bank systems, evaluate activity against known typologies and surface higher-risk cases for investigator review, with BMO and Amalgamated Bank among the first…
Eventus has appointed Cameron Routh as chief executive officer, placing a financial technology executive with more than two decades of experience in software and data businesses at the head of the trade surveillance and financial risk technology provider. Routh succeeds founder Travis Schwab, who has led Eventus for 11 years and overseen the development of…
Eventus, a global provider of trade surveillance and financial risk solutions, has announced the appointment of Cameron Routh as its new Chief Executive Officer. The transition follows a majority investment in the company by Terminus Capital Partners (TCP), a private equity firm specialising in B2B AI and software. Routh succeeds founder Travis Schwab, who led…
Zema Global, the data and analytics provider for the energy, commodities, and financial sectors, has announced three senior executive appointments to its leadership team. Tina Morris joins as Chief Operating Officer to oversee operational excellence and the integration of AI-driven efficiencies. Frederick Winston has been appointed Chief Financial Officer to manage strategic scaling, while Javed…
Xceptor has appointed former Pershing and Vanguard leader Sareena Dalla Brookshire to the newly created position of chief product officer to help the capital markets data automation specialist advance its artificial intelligence product programme. Dalla Brookshire, who has almost two decades of experience working in capital markets, is based in New York and will focus…
SOLVE, a provider of pre-trade data and predictive pricing for fixed income markets, has promoted Michael Pellerito to the role of Senior Vice President of Innovation. This appointment underscores the company’s commitment to integrating artificial intelligence and machine learning (AIML) into its product roadmap. Pellerito is tasked with accelerating the development of AI-driven capabilities to…
BMLL, the independent provider of historical market data and analytics, has announced a series of strategic senior appointments across its commercial and technical departments. These hires follow the company’s acquisition by Nordic Capital in October 2025 and are intended to scale global operations and accelerate expansion across equities, ETFs, and futures markets. The leadership team…
Trading Technologies International, Inc. (TT) has announced a leadership restructure with the appointment of a new Chief Strategy Officer (CSO) and Chief Revenue Officer (CRO). Nick Garrow, previously the firm’s CRO, has moved into the newly created role of CSO. In this capacity, Garrow is responsible for driving sustainable growth across existing business lines and…
SimCorp has appointed Neslihan Yegul as Senior Managing Director for the UK and Northern Europe. Based in London, Yegul will report to Chief Revenue Officer Oliver Johnson, effective 20 April. Her primary focus will be supporting the company’s expanding client pipeline and deepening existing relationships within these key regions, which have seen significant growth since…
Moody’s Corporation has announced that Christina Kosmowski will take over as Chief Executive Officer of Moody’s Analytics in June. Kosmowski joins the firm with nearly 30 years of experience in the enterprise technology sector, having previously held senior leadership positions at several major global firms. Her expertise lies in scaling high-growth businesses and implementing customer…
ClearToken, the digital financial market infrastructure provider, has appointed Fernando Cerezetti as Chief Risk Officer (CRO) of its subsidiary ClearToken CCP Limited. The subsidiary is currently in the process of applying to the Bank of England to become an authorised Central Counterparty (CCP). Cerezetti will lead the development and oversight of the CCP’s risk management…
We are thrilled to unveil the winners of the 2026 A-Team Innovation Awards. These awards celebrate successful projects within financial institutions (both with vendor support and without) across the financial enterprise.
Congratulations go out to this year’s RegTech Insight Awards Europe 2026 winners. These awards recognise excellence in trading solutions and services for capital markets and focus on vendors providing exceptional trading infrastructure, trading technology, and data solutions.
Voting in the 8th annual TradingTech Insight Awards USA is now closed. These awards recognise excellence in trading solutions and services for capital markets and focus on vendors providing exceptional trading infrastructure, trading technology, and data solutions.
